FMR follow- up email. At least they apologized, I guess.
A Letter From The CEO
Dear Subscribers,
Many things went wrong with our last stock pick, and we would like to send this message to sincerely apologize. We will not be releasing any picks until we figure out what exactly went wrong - we have spoken with two of our analysts and we are very frustrated with the results of our last play.
Although our last pick rose from a previous close of .01 to .25, and hit .50 briefly it did not last long, we believe there may have been a diluter or seller in the market combined with increased short interest.
The micro-cap market is sometimes unforgiving, although many of our alerts have done extremely well - we can't always be 100% with our picks even though that's what we strive for.
All premium subscription users will be refunded any subscription fees incurred.
We are so disappointed with the way our last pick went that we will no longer be alerting micro-cap stocks for the time being, but instead focus on our big boards and commodities research.
Sincerely,
Ben Goldberg
CEO, Flash Market Research
